Quote:Good call

 

In my view there are numerous problems that need to addressed.

 

Foreign aid- especially for countries that despise us. We've got plenty of our own problems. The US remains the biggest spender with a total of $30.2bn, the largest aid disbursement ever recorded by a single donor. (2010) I'm sure the number is higher now.

 

Wheat and grains- why do we give it away? Why don't we trade it for oil. That will keep costs lower for everything in the US.

 

The constant wars with no real end game - this is going on and on. Either we are in it to win it, or we need to isolate ourselves from them. Let them do what what they want, and secure the border.

 

The complete and utter bloat of the Federal government- All things not covered in the Constitution, are to be handled by the states. There should be no federal department of education, FDA, DEA, NSA, etc etc etc. We could save sooo much money in getting rid of all the unnecessary, and unconstitutional "government".

 

I'm sure there are more, I'm just tired of typing...

 

The problem with debt is that eventually the debtors come calling. If you keep piling it up, eventually you're going to default. Then, you know what China is not going to want...our worthless dollar. They're going to want land, resources, and favors. 

 

Foreign aid as a percentage of the budget is miniscule. If you want to balance the budget do three things:

 

First you cut the military budget in half, get rid of boondoggles like the F35 and its ilk. Stop having federal contractors do work that soldiers can do for themselves.

 

Second you fix Medicare part D, allow it to negotiate bulk pricing for pharmaceuticals. Right now medicare part D, thanks to the way republicans wrote the bill, is corporate welfare for pharmaceutical companies who get paid retail prices for their drugs by medicare instead of a wholesale negotiated rate like every other health insurance company or program on the planet.

 

Third you raise taxes on the wealthy and get rid of the capital gains classification of income.

 

In a country with a 17 trillion dollar GDP there's no reason for historically low government spending to be running up a debt.

 

As for the debtors part, do you realize that the majority of federal debt is actually debt between government programs? There isn't some thug loan shark that will come calling for their money. China's share of the national debt (the country that constantly gets trotted out as our debt holder) is a small fraction of it.

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